We are taking another step towards the long-awaited Repeg $USTC $LUNC .

Ceramic Theory Whitepaper - Revision 3

https://drive.google.com/file/d/1EYF3k7QSA-HbnXNSD1c3S-OTrNHQJmYz/view?usp=sharing

Main Changes

USTC will be converted to UST instead of USTY

2. UST post-swap price model showing path to $1

3. An additional paragraph in the introduction explains how TerraClassic should coordinate with ecosystem projects like Juris and Selenium to set USTC post-swap interest rates.

USTC for Cosmos

Several people have suggested that a new $USTC

could become not only a core token for TerraClassic, but also a standard unit of account across the Cosmos SDK ecosystem. This is a good idea as more applications adopting a $USTC relaunch

means faster growth in CMM collateral and therefore faster UST recovery

Faster burn of #LUNC

and higher yield for validators in the form of #USTC

Timeline

September 28 Ceramic Announcement ✓

$1 USDC Repeg ✓

OCT 31 TFL EXIT ✓

NOV 7 Theory Whitepaper PUBLISHED ✓

NOV 21 v3 Theory Whitepaper Published ✓

NOV 27 Theory Whitepaper Completed